polartag

Homework:

Well, this is a salutary reminder as to why Britain needs to deal with the enormous debts and deficit that we inherit, why we gotta stick to those plans, and it should be a wakeup call to anyone who thinks we can afford as a country to loosen the price strings, we can’t afford to do that, and that’s why that we know unfunded giveaways in next week’s budget.

Fitch remember is one of the three major credit agencies, the other two being S&P and Moody’s, and it’s following on from Moody’s leading away by giving the UK this negative outlook and it isn’t good news ahead of the budget, it does give the opposition some more fodder next week, next Wednesday when the giants presents that budget, they already had some to go on today with the unemployment figures out showing that unemployment is rising, but what the government will say though that it backs up George Osborne’s plan to stick to plan A and to reduce the fiscal deficits and Fitch goes into that, into that statements by saying it judges the government’s fiscal consolidation plans to be credible reflecting the strong political commitment and institutional capacity.

I think what it might mean is that the budget is still being drawn up, we know that through briefings that it hasn’t been finalized yet, there’ll be a meeting of what’ known as the Core Tact at the end of this week, that is the chancellor and prime minister from the conservative side, and within the coalition, the chief secretary to the Treasury Danny Alexander, and the Deputy prime minister Nick Clegg from the other side of the coalition, from the liberal democrats, and what they might be minded not to do now is produce some sort of big giveaway if you like, and stick more tightly to try and to reduce the deficits, it means though that within the next 2 years, there is about a 50% chance that the UK could be downgraded. But the government will say it is still on the right track.

qiapa

HW
While this is a salutary reminder as to why Britain needs to deal with the enormous debts and deficit that we inherited while we got a stick to those plans. And it should be a wake-up call to anyone who thinks we can afford as a country to loosen the purse strings. We can't afford to do that. That's why that we know unfunded giveaways in next week's budget.

But Fitch remember is one of the three major credit agencies. The other two being S&P's and Moody's and it's following on from Moody's lead in a way by giving UK this negative outlook and it isn't good news ahead of the budget. It does give the opposition some more fodder next week, next Wednesday when the chancellor presents that budget. They already had some, something go on today with unemployment figures out, showing that unemployment is rising. But what the government will say is though is that it backs up George Osbourne's plan to stick to "plan A" and to reduce the fiscal deficits and Fitch goes into that, into that statement by saying "it judges the government's fiscal consolidation plans to be credible reflected in the strong political commitment and institutional capacity.

I think what it might mean is that the budget is still being drawn out. We know that through briefing that hasn't been finalized yet. There will be a meeting of what's known as the court tact the end of this week that is the chancellor and the Prime Minister from the conservative side and within the coalition the chief secretary to the treasury Danny Alexander and the deputy Prime Minister Nick Clegg from the other side of the coalition from the Liberal Demoncrats. And what they might be minded not to do now is to produce some sort of big giveaway if you like and stick more tightly to trying to reduce the deficit. It means though, that within the next two years, there is about 50% chance that the UK could be downgraded. But the government will say it's still on the right track.

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All this is the salary

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